Reasons To Hire A Commercial Real Estate Attorney
There are many reasons to hire a commercial real estate attorney when you are buying or selling commercial property. An attorney can help protect your interests and ensure that the contract is fair and accurate. Additionally, an attorney can help with the drafting of contracts and other legal documents related to commercial real estate transactions. If you are considering buying or selling commercial property, it is important to consult with a commercial real estate lawyer to make sure that you are making the best decisions for your business. A commercial real estate attorney will be able to help you with ...
Easements and Mississippi Real Estate Law
In Mississippi real estate law, there are a number of easements granted to property owners that give them some rights to access or use another person's or entity's land. The easement usually follows the property when it is sold, but the other property owner may want to fight that being granted to the next buyer. In these cases, a Mississippi real estate attorney may have to intervene on the purchaser’s behalf. What is an Easement? An easement is a legal right to access real property that is owned by someone else for a limited and specified purpose. An easement may ...
Will The New Tax Law Affect My Mortgage Interest Deduction?
The Tax Cuts and Jobs Act was signed into law by President Trump on December 22, 2017. The new law reduces the limit on deductible mortgage debt to $750,000.00 for new loans taken out after December 14, 2017. Current loans of up to $1,000,000.00 are grandfathered and are not subject to the new $750,000.00 cap. Neither limit is indexed for inflation. Homeowners may refinance mortgage debts existing on December 14, 2017, up to $1,000,000.00 and still deduct the interest so long as the new loan does not exceed the amount of the mortgage being refinanced. The final bill repeals the ...
What Is The Sherman Antitrust Act and How Does It Apply To Foreclosure Sales?
The Sherman Antitrust Act was enacted in 1890 to curb concentrations of power that interfere with trade and reduce economic competition. It was named for U.S. Senator John Sherman of Ohio, who was an expert on the regulation of commerce. Economic Competition One of the act's main provisions outlaws all combinations that restrain trade between states or with foreign nations. This prohibition applies to any agreement to fix prices, limit industrial output, share markets, or exclude competition. Price fixing, bid rigging, and market allocation are violations and often are prosecuted criminally, but there is also civil liability for such actions. ...
